Client has two franchise restaurants (two separate S corps), and we calculated the ERC and prepared the amended 941's for five quarters that they qualified for (they qualify as their indoor sales decreased by more than the requisite percentage). No PPP as neither restaurant claimed it, and no officer payroll (client has a third business which is his main business and he takes compensation from there). Total ERC for both, before interest, is around $650K (over $700K with interest). Last week, they received the letters approving the credits and the refund checks. Based on our time in it, the total fee for both is around $2,000, which is way too low, IMO. Note that this is a really nice client who has never complained about an invoice, and we are always very timely in attending to their needs, which I know they appreciate (his wife owns her own business, and has commented more than once about how she appreciates how responsive we are).
Wondering what others charge - saw on another board where someone stated that their firm charges a maximum of $1,000/quarter, which in this case will be a total of $10,000 (amended five quarters for each). Was thinking of trying that. This client uses Paycor for the restaurant payroll, and was offered to use their preferred partners for the ERC, which led him to contacting me as he felt the firm that Paycor recommended was shady.